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    Chelsea Sale: Four Bids Confirmed After Friday Deadline

    Renowned investing banking firm Goldman Sachs are reportedly advising a consortium led by LA Dodgers’ part-owner, Todd Boehly as four bids are confirmed to have been submitted for the purchase of Chelsea.

    British property developer Nick Candy submits a £2billion bid for Chelsea; Sir Martin Broughton pledges to donate money to Ukraine; Todd Boehly and the Ricketts family also make offers, with Boehly’s consortium being advised by Goldman Sachs.

    LA Dodgers part-owner Boehly, Swiss billionaire Hansjorg Wyss and Jonathan Goldstein have backing in their bid from California-based investment firm Clearlake Capital, who have roughly $60 billion (£45.6 billion) of assets under management, and want to complete a takeover before Chelsea’s next Premier League game against Brentford on April 2.

    Times columnist and former Conservative government adviser Daniel Finkelstein and American PR legend Barbara Charone are also part of the consortium.

    Sky Sports News has been told by sources close to the Boehly consortium they are hopeful they have the complete plan – and the speed – to win government approval and that of bankers Raine, who have already stressed the importance of a quick sale.

    The group is also reportedly being advised by Goldman Sachs, the powerful Wall Street investment bank.

    The addition of Goldman to Mr Boehly’s bid is understood to have been disclosed in an offer letter sent to Raine on Friday.

    While Goldman’s involvement is limited at this stage to an advisory rather than financing role, its decision to work with Mr Boehly underlines its apparent status as one of the frontrunners to succeed Roman Abramovich as the Blues’ owner.

     

    Credit: Sky Sports

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